2024 – Page 103 – Best Day Investing – Investing and Stock News

Pound, UK stocks get a lift from BoE ‘sugar rush’

By Yoruk Bahceli and Amanda Cooper LONDON (Reuters) -Sterling rallied sharply on Thursday, solidifying its position as the best performing major currency of 2024, while UK-focussed stocks rose after the…

November 7, 2024

Economy

Factbox-Major brokerages expect 25 bps of Fed rate cuts in November

(Reuters) – Major brokerages including J.P.Morgan, Barclays (LON:BARC) and Goldman Sachs have forecast a 25-basis-point interest-rate cut by the U.S. Federal Reserve at its November 6-7 meeting. The central bank…

November 7, 2024

Economy

Can strong household flows to Indian equity markets continue?

Mutual funds, direct stock investments, and equity-linked insurance plans are among the investment channels where Indian households are showing unprecedented enthusiasm for the stock market, as per analysts at Bernstein…

November 7, 2024

Economy

Analysis-Germany’s coalition collapse brings more pain to its ailing economy

By Maria Martinez BERLIN (Reuters) – The collapse of Germany’s ruling coalition is set to bring more economic pain in the months ahead and just a glimmer of hope for…

November 7, 2024

Stock

JAL-Sumitomo JV secures right to place order for up to 100 Archer air-taxis

By Anshuman Tripathy and Abhijith Ganapavaram (Reuters) – Archer Aviation said on Thursday a joint venture between Japan Airlines and Sumitomo Corp had secured the right to place orders for…

November 7, 2024

Stock

US weekly jobless claims increase moderately

WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting no material change in labor market conditions and reinforcing views that hurricanes…

November 7, 2024

Stock

BT Group shares fall as revenue drops, misses estimates

Investing.com — BT Group (LON:BT) shares fell over 5% on Thursday, following its Q2 results that posted ongoing weakness across key revenue-generating segments. This decline was largely due to deteriorating…

November 7, 2024

Stock

Tapestry raises annual earnings target on robust Tabby handbags demand

By Juveria Tabassum (Reuters) -Tapestry raised its annual earnings forecast and surpassed first-quarter estimates on Thursday, as the Coach parent benefited from full-prices sales of its popular Tabby handbags. Shoppers,…

November 7, 2024

Stock

Sell oil rallies, wait to buy near-term dip in gold: Citi

Investing.com — In a note to clients Thursday, Citi analysts advised a cautious approach to oil and gold following Donald Trump’s election victory and a Republican “red sweep” of Congress. The…

November 7, 2024

Stock

Wall Street greets Trump’s return with greed and trepidation

By Milana Vinn, Echo Wang and Nupur Anand NEW YORK (Reuters) – Wall Street executives by and large are looking forward to business-friendly regulations as they analyze the implications of…

November 7, 2024